MISSOULA REDEVELOPMENT AGENCY BOARD

CONDENSED BOARD MEETING MINUTES

Thursday, September 15, 2022 at 12:00 P.m. - 2:00 P.m.

Hal Fraser Conference Room (in person) or TEAMS (virtually)

Attend in person: Hal Fraser Conference Room, 140 W Pine, Missoula, MT

Board Members Present:

• Melanie Brock, 
• Karl Englund, chair, 
• Jack Lawson, 
• and Ruth Reineking

Board Members Absent:

• Tasha Jones

Staff Absent:

• Maci MacPherson

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1.

Call to Order

2.

Introductions

3.

Approval of Minutes

3.1

July 21, 2022 Regular Board Meeting Minutes

• Moved by: Ruth Reineking
  Seconded By Melanie Brock

  I move to approve the July 21, 2022 Regular Board Meeting Minutes.

  Vote result: Approved

4.

Public Comments and Announcements

5.

Action Items

5.1

Diversified Plastics - 3721 Grant Creek Road (North Reserve-Scott Street URD/Ward 2/Grant Creek Neighborhood) - TIF Request and Request to Proceed Without Prejudice (Gorski)

• Moved by: Ruth Reineking
  Seconded By Jack Lawson

  I move to approve the request from Diversified Plastics in the amount $46,253 for a new fire hydrant on Howard Raser Drive, with the understanding that the TIF
  assistance will be a reimbursement to the owner upon full completion the
  project as evidenced by the issuance of a Certificate of Occupancy from the
  City of Missoula, and further, that the amount of the TIF reimbursement will
  be based on paid invoices submitted by the owner documenting actual costs
  of the TIF eligible improvements, and authorize the Board Chair to sign the
  Development Agreement.
  
  

  In favor: (4)	Karl Englund, Ruth Reineking, Jack Lawson, and Melanie Brock
  Absent (1)	Tasha Jones

  Vote result: Approved (4 to 0)
• Moved by: Ruth Reineking
  Seconded By Jack Lawson

  I move to approve the request to Proceed Without Prejudice with public right of way
  improvements on Grant Creek Road and Howard Raser Drive as described in this meeting with the understanding that there is no guarantee that a future project will be approved for TIF funding by the MRA Board.

  In favor: (4)	Karl Englund, Ruth Reineking, Jack Lawson, and Melanie Brock
  Absent (1)	Tasha Jones

  Vote result: Approved (4 to 0)

5.2

Brooks Street BRT/TOD RAISE Grant Planning Study (URD III) - Request for Approval to Enter into a Sub-Recipient Agreement with Mountain Line (Marchesseault)

• Moved by: Melanie Brock
  Seconded By Ruth Reineking

  I move the MRA Board approve its request to enter into a Sub-Recipient Agreement with Mountain Line to lead project management of the Brooks Street BRT/TOD RAISE Grant Planning Study, pending Mountain Line’s finalization of the Master Agreement with FTA. I further move to include a clause in the Sub-Agreement agreeing to Mountain Line’s request that MRA initially pay consultant invoices and submit for reimbursement from Mountain Line/FTA on a quarterly basis.

  Vote result: Approved

5.3

URD II Bonds - Series 2022A $1,583,470.53 Tax Exempt Bonds for Series 2006 Refinancing & Series 2022B $2,231,535.90 Taxable Bonds for Bridge Apartments (Buchanan)

• Moved by: Jack Lawson
  Seconded By Ruth Reineking

  I move the MRA Board forward a recommendation to the City Council that they approve the sale of Series 2022A and Series 2022B Tax Increment Urban Renewal Revenue Bonds to First Security Bank through approval of the required Bond Resolution and direct staff to make the referral to City Council for consideration.

  Vote result: Approved

6.

Non-Action Items

7.

Staff Reports

7.1

Director's Report

7.2

Budget Reports

7.2.1

FY22 Budget Status Reports

7.2.2

FY23 Budget Status Reports

7.3

MRA Communications Update

7.4

Staff Activities Reports (6/4/22-7/2/22)

8.

Committee Reports

9.

Other Items

10.

Adjournment

1:06 PM